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    The Ministry of Finance is at the heart of South Africa ’s economic and fiscal policy development. The Minister of Finance and Deputy Minister of Finance are responsible for a range of state entities that aim to advance economic growth and development, and to strengthen South Africa ’s democracy.

    The National Treasury is responsible for coordinating macroeconomic policy and promoting the national fiscal policy framework. Its role is defined by the Constitution of the Republic of South Africa and in the Public Finance Management Act. The National Treasury coordinates intergovernmental financial relations, manages the budget preparation process and exercises control over the implementation of the annual national budget, including any adjustments budgets. The National Treasury also performs functions assigned to it in other legislation.

    The South African Revenue Service (SARS) is mandated by the South African Revenue Service Act (1997) to collect all tax revenues that are due, to provide a customs service, to protect national borders and to facilitate trade. SARS also works to expand the pool of tax contributors by promoting awareness of the obligation to voluntarily comply with tax and customs laws. SARS aims to conduct its activities in a way that enhances economic growth and social development. SARS reports to Minister of Finance. (more...)

    The Public Investment Corporation (PIC) is a government-owned investment management company – and one of the largest investment managers in the country. Founded in 1911, it became a corporate entity in terms of the Public Investment Corporation Act (2004). The PIC invests funds on behalf of public-sector entities. Its largest client is the Government Employees Pension Fund. (more...)

    The Government Employees Pension Fund (GEPF) was established in terms of the Government Employees Pension Law (YEAR) to manage and administer pension matters/schemes related to government employees. The GEPF is self-funded. With a membership of about 1,2 million and 225 000 pensioners, it is one of South Africa ’s largest pension funds.(more...)

    The Financial Intelligence Centre (FIC) was established by the Financial Intelligence Centre Act (2001). The FIC aims to identify the proceeds of unlawful activities and to combat money-laundering. The centre makes information that it collects available to various police, prosecution, revenue and state investigating authorities. The FIC monitors compliance with the act and gives guidance to accountable institutions, supervisory bodies and others. The Minister of Finance is responsible for the FIC. (more...)

    The Financial Services Board (FSB) supervises the exercise of control over the financial services industry in terms of several acts of Parliament that entrust regulatory functions to registrars of long-term insurance, short-term insurance, pension funds, collective investments schemes, financial services providers, exchanges and financial markets. The FSB provides information to users of financial products and services.(more...)



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  • 【中国梦·大国工匠篇】 “跨界”复苏失传百年工艺 蔺涛:坚守让古砚焕发新生 2019-10-21
  • 乌鲁木齐34个小区垃圾分类试点五年成效明显 居民准确分类垃圾分开收运 2019-10-18
  • 精准发力形成合力 坚决完成对口援藏任务 2019-10-17
  • 违法和不良信息举报受理和处置管理办法 2019-10-15
  • 秘鲁VS丹麦前瞻:双枪斗单刀 秘鲁可爆冷 2019-10-15
  • 《巴国传奇》第三十二讲 廪君与盐水女神的神话故事 2019-10-12
  • 准确把握人民政协的性质定位 2019-10-06
  • 汪洁的专栏作者中国国家地理网 2019-10-06
  • 日照市妇幼保健院:免费健康体检送进福利院 2019-10-02
  • 大山深处4名孩子的交通安全课 2019-10-02
  • 全封闭输送带实现零排放 湖州长兴建全国首个“全电物流” 2019-09-24
  • 辽宁:哄抬房价将被暂停网签备案 ——凤凰网房产北京 2019-09-23
  • 塑造“文旅人”新风貌 2019-09-16
  • 端午假期国内游客超8900万人次 全域旅游见成效 2019-09-15
  • Lorgane législatif national conclut sa session annuelle 2019-09-09
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